Starbucks, the global coffee giant, is set to release its first-quarter fiscal year 2025 financial results after market close on January 28, 2025.
Following the release, the company will host a conference call at 2:00 p.m. Pacific Time. The call will be webcast with closed captioning, and can be accessed on Starbucks’ official website.
A replay of the webcast will be available for viewing on the company’s website until March 14, 2025.
The company’s preliminary results for the fourth quarter of fiscal year 2024, released on October 22, 2024, showed a decline in global comparable store sales and consolidated revenues. Specifically, global comparable store sales dropped by 7%, and consolidated net revenues fell by 3% to $9.1 billion.
For the full fiscal year 2024, global comparable store sales decreased by 2%, but consolidated net revenues rose by 1% to $36.2 billion.
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